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Externalities in the cashmere market: Colbert Report interview part of Examples
In this interactive lecture, students watch a video clip from The Colbert Report that addresses pollution externalities. Students graph the market and use the write-pair-share technique, then brainstorm ways to move the market to the socially efficient equilibrium.
The Price Mechanism, Subjective Value and The Antiques Road Show part of Examples
An interactive lecture segment utilizing videos from the Antiques Roadshow, designed to create an interactive experience for students and the instructor. After watching an expert appraisal of a rare/unique object students respond to discussion questions. Instructors lead the discussion toward issues of subjective value, willingness to pay, and the price mechanism.
Pro-Con-Caveat Grid part of Examples
The pro-con-caveat activity is a quick and easy way to engage students through a more interactive lecture experience.
The Economics of Drug Legalization: A Double Entry Journal part of Examples
The activity is designed to be an interative lecture segment during a larger interactive lecture class period. The technique demonstrated through this example is a double entry journal.
Financial Value of Customer Satisfaction: Using a Lifetime Value Calculator part of Examples
This online lifetime value calculator quickly demonstrates the financial value of a satisfied customer.